New Product Introductions

For Demand Planning, the New Product Introduction (NPI) functionality is used for introducing a new product that is not a simple replacement of an existing product. The new product has its own lifecycle and unique demand.

The key approach for NPI is that a Forecast Template is used for forecast generation at the beginning of the item's life cycle until the item has enough demand history to generate its own forecasts.

NPI States

  • New - A forecast template should be created

  • Ready For Launch - Forecast template is used

  • Launched - Forecast template is used

  • Phase-In - Forecast template is used

  • Settled - Statistical forecasting is running

For information on Forecast Templates for NPI, see the "Forecast Templates" section in the Online Help.